BNY's Levine Says Stocks Have Risk-Off Tone, Investors Questioning Recovery

The video discusses the current state of the equity market, highlighting a risk-off tone driven by the stay-at-home economy and large-cap tech. It suggests that the market's recovery is uncertain and less likely to be V-shaped. However, medical advancements, such as treatments or vaccines, could quickly alter this outlook.

What role do large-cap tech companies play in the equity markets as per the text?

What is the narrative regarding the shape of the recovery mentioned in the text?